tag:blogger.com,1999:blog-15400631.post8098100470553959418..comments2023-11-13T03:58:35.334-05:00Comments on The Art of the Buffet OR All You Can Eat is Not a Challenge: Ryan's and the Old Country Buffet - Evidence of TakeoverWriterhttp://www.blogger.com/profile/06664259206096691320noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-15400631.post-34418502661304222742008-09-25T19:38:00.000-04:002008-09-25T19:38:00.000-04:00Old Country Buffet "ate" Ryan's. And there is quit...Old Country Buffet "ate" Ryan's. And there is quite a controversy that has been brewing. Please see recent articles on this site from August 2008 through September 2008.Writerhttps://www.blogger.com/profile/06664259206096691320noreply@blogger.comtag:blogger.com,1999:blog-15400631.post-38469034651437010062008-09-25T19:09:00.000-04:002008-09-25T19:09:00.000-04:00I recently ate at the Ryan's in Fredericksburg, Vi...I recently ate at the Ryan's in Fredericksburg, Virginia after being in a movie shoot in Stafford, Virginia.<BR/><BR/>There are no Ryan's near me (central Montgomery County, Maryland)<BR/><BR/>There is a Ryan's in Gaffney, South Carolina, the town where my college is located in, Limestone.<BR/><BR/>So, I was very happy to be able to eat at a Ryan's.<BR/><BR/>HOWEVER ... I am trying to find out Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15400631.post-25124834746954099972008-02-07T12:23:00.000-05:002008-02-07T12:23:00.000-05:00Usually in a reorganization the creditors eventual...Usually in a reorganization the creditors eventually are paid - they just have to wait.Writerhttps://www.blogger.com/profile/06664259206096691320noreply@blogger.comtag:blogger.com,1999:blog-15400631.post-54938453885521523952008-02-07T02:29:00.000-05:002008-02-07T02:29:00.000-05:00I found that interesting also, especially since it...I found that interesting also, especially since it was one of Ryans creditors who gave us the news - a small local business that's hanging on by the skin of their teeth already. I'm not pleased with this policy of business-as-usual, make the payroll but stiff all your vendors, and it could weigh heavily whether we continue patronizing Ryans and OCB.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15400631.post-1003879597217723792008-02-02T01:22:00.000-05:002008-02-02T01:22:00.000-05:00Further detail - it is not just Ryans but all of B...Further detail - it is not just Ryans but all of Buffets Inc including OCB that is effected by this Reorganization. The statement by management is that the intention is to remain doing business as usual and the move is to make the organization stronger. <BR/><BR/>Interesting that OCB would do this and not pay its creditors - at least not right away.Writerhttps://www.blogger.com/profile/06664259206096691320noreply@blogger.comtag:blogger.com,1999:blog-15400631.post-66466742645732809372008-02-02T01:16:00.000-05:002008-02-02T01:16:00.000-05:00This is very interesting - and distressing news. I...This is very interesting - and distressing news. I hope that Buffets, Inc. did not buy Ryans just to close it! Chapter 11 does not always mean closing, but this is ominous news. Thanks for keeping us posted.Writerhttps://www.blogger.com/profile/06664259206096691320noreply@blogger.comtag:blogger.com,1999:blog-15400631.post-48109744271823761832008-02-01T19:44:00.000-05:002008-02-01T19:44:00.000-05:00I don't know why I didn't check before I asked yo...I don't know why I didn't check before I asked you about it, but if you'll Google <B><I>Ryans Owner in Chapter 11</B></I>, you'll find several articles stating thatBuffet Holdings, Inc., has filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code. The announcement was made January 22, 2008, per a writeup in St. Louis Business Journal http://www.bizjournals.com/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15400631.post-28569508013920358052008-01-31T21:45:00.000-05:002008-01-31T21:45:00.000-05:00Ryans is owned now by Buffets, Inc. which is one o...Ryans is owned now by Buffets, Inc. which is one of the largest buffet restaurant management companies in the US - they own and operate Old Country Buffet.<BR/><BR/>It is highly unlikely that the whole chain has filed for Chapter 11, but it is possible that a local franchise owner of a Ryan's may have.Writerhttps://www.blogger.com/profile/06664259206096691320noreply@blogger.comtag:blogger.com,1999:blog-15400631.post-45232079764293084842008-01-31T19:55:00.000-05:002008-01-31T19:55:00.000-05:00We heard just today that Ryans chain is in Chapter...We heard just today that Ryans chain is in Chapter 11. Any truth to the rumor? It came from a vendor to whom our local Ryans owe money - they aren't getting paid because of it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15400631.post-45547177892392089552007-06-17T09:12:00.000-04:002007-06-17T09:12:00.000-04:00OCB/HTB are in the process of adding grills to all...OCB/HTB are in the process of adding grills to all their restaurants. This process was started long before they bought out Ryan's. Obviously with the number of OCB/HTB restaurants in existence it will take a long time for all the grills to be added, but hang in there. It will happen.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15400631.post-35245517435428050842007-05-27T22:16:00.000-04:002007-05-27T22:16:00.000-04:00Wonderful news. Maybe at some point they will retr...Wonderful news. Maybe at some point they will retro-fit all of the OCBS to have a cook to order grill. This is what has be sorely lacking at OCB and, has made them number three compared to Ryans and Golden Corral.Writerhttps://www.blogger.com/profile/06664259206096691320noreply@blogger.comtag:blogger.com,1999:blog-15400631.post-29775369791021122352007-05-27T18:04:00.000-04:002007-05-27T18:04:00.000-04:00The open grill viewable to patrons in the dining r...The open grill viewable to patrons in the dining room where the steaks are grilled to order seem to be a design trend in newer OCBs. Maybe they took notice of Ryans layout and incorporated this piece of design into the new OCBs? The one in Fairfax, VA, for example, opened up about two months ago. Being a fan of OCB, I visited this one when it opened(which is close to where I live) and was veryAnonymousnoreply@blogger.com